The Home Builders Association of Greenville are your neighbors and community leaders providing education and support for building industry professionals. We create jobs, encourage homeownership, and promote responsible growth throughout the upstate of South Carolina.

Wednesday, October 9, 2013

South Carolina ranked 37 among states for business tax climate

According to the State Business Tax Climate Index, published by the Tax Foundation, South Carolina is 37 in the nation in Business Tax Climate. Factors include corporate tax (No. 10), individual income tax (No. 40), sales tax (No. 22), unemployment tax (No. 30), and property tax (No. 21).

The top five states are, from one to five, Wyoming, South Dakota, Nevada, Alaska, and Florida. The bottom five states are, from 46 to 50, Rhode Island, Minnesota, California, New Jersey, and New York.